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Phoenix Housing Blog

14 May 2020

Good News and Bad News

Do you want the good news or the bad news first? OK, the good news:   The AZ governors ‘stay at home’ order is expiring! Now we can eat out, do some shopping, and go out and buy a home…that is


2 Apr 2020

How Home values may be affected by Covid-19

As we digest the impacts of Covid-19 on the economy and state of affairs, it’s an easy assumption to think that “everything is going downhill”. But is that so?  During the great recession, real estate was one of the hardest


6 Mar 2020

Where have all the homes gone?!

It’s right about this time of year that we start seeing flocks of homeowners dip their toes into the pool of home selling. In tandem, buyers emerge from hibernation, ready to purchase a home.  It’s the same timing every year, and is


7 Jan 2020

5 Most Expensive Homes Sold in Arizona in 2019

2019 brought on some absolutely colossal home purchases, including the single most expensive home to sell in Arizona EVER.  That means it’s time again for the 2019 edition of let’s see how the other half lives. OK, it’s not the


4 Dec 2019

Closing Out a Decade

Is it just me or when you think of the year 2010 , it feels more like 3 years ago, not TEN whole years. A lot has happened in the world in that 10 year span. The decade started knee deep


10 Oct 2019

Buying New Construction Vs Existing Homes

If you could only choose one, which would you rather have?   A home with a gorgeous chef’s kitchen with a plain dirt backyard, or a home with a 15 year old kitchen and a resort style backyard with a nice


3 Sep 2019

Market Boom

116%.  That’s the amount of increases in refinances compared with 1 year ago. Yes, mortgage rates have softened quite a bit this year.  But will it continue?  What about housing prices, will they climb or sink?  Home pricing predictions for


25 Jul 2019

House Hunting Challenges

The year is 1989.  You’re ready to buy a home.  You jump in your Chevy Caprice station wagon and hit the streets, looking for “For Sale” signs. Without much luck, you pull out the yellow pages at home, pick up your


3 Jul 2019

2019 Mid Year Review

It’s hard to believe but 2019 is really halfway over.  Before we start thinking about what the year 2020 will bring, it’s time to look back at what the real estate market has done in the first half of the


7 Jun 2019

Is Phoenix Running Out of Water?

How is it possible that a city of nearly 5 million people in the middle of the desert, with only 8 inches of rain per year, is able to not only survive, but thrive? The reality is over the last